Stm Share Discussion Threads

[sailing john] 12/1/2017 09:45

Good update today - ahead of my expectations given the waiving of initial fees to gain business.
Volume growth - new products and geographical expansion + a solid balance sheet.
PBT £2.7m vs MC of circa £28m after today's initial rise - What's not to like!
GL - SJ

[qs99] 12/1/2017 09:38

indeed Riv, am on board and topped up some more today...fincap have issued a bullish update from what I have seen this am....yield is great for the ISA DYOR etc

[rivaldo] 12/1/2017 08:32

I forgot to say - online when I posted I could only buy a maximum 100 shares! Whereas I could sell my entire holding at a premium at 41.5p. So it looks like things are primed for further rises.

[rivaldo] 12/1/2017 08:23

I bought a very small holding here recently and then grabbed a further 20k at 40p this morning. I had hoped to get more at that price, but can't complain!

Good update this morning. Forecasts for this year after the recent acquisition are now for 5.9p EPS, with a 2p dividend. On that basis I can see a share price of at least 60p-65p if all goes well.

[mrx001] 12/1/2017 08:07

Results look good to me, inline is fine since considerable growth was required to meet its targets. Will be looking for some gains on this now. :o)

[qs99] 12/1/2017 07:37

decent update IMO

[mrx001] 11/1/2017 10:43

Looks attractive and also cheap, but it has to deliver this year. Hope it succeeds, hold some of these but can't get excited to buy anymore at the moment, I need to see some results before topping up.

[jaykaytee] 09/1/2017 15:54

Had to top up at this price!

[qs99] 17/10/2016 08:04

nice update IMO

[qs99] 21/9/2016 11:28

making a good effort at the moment IMO....as you say above, this does look over looked IMO, so am happy to hold on for a quid and beyond!

[jaykaytee] 15/9/2016 16:30

Nice little rise again today. needs to go higher though

[shaunstar] 13/9/2016 08:23

over £2m fcf in first half - on a mkt cap of £25m of which £9m is cash!

I've got a feeling people have overlooked this because the company commentary is rather downbeat. Expect it to finish the day higher once the market digests the announcements.

[jaykaytee] 09/9/2016 12:23

Results are out tue 13/09/16.
Just bought a handful. After the recent positive update, Im expecting good news, followed by a rise in the share price.

[firtashia] 09/8/2016 08:31

No wonder I couldn't add to my holding first thing, but take succour from the fact my paper losses are now much reduced, lol

[firtashia] 09/8/2016 07:29

Looks like some positive news; lets see if it acts as a fillip to the share price.

[smithie6] 13/7/2016 08:54

chart not pretty....sizeable % drop today...

at some time it will flatten out.....could it be now ??.....on going fall is painful (I reduced higher up but more by luck than anything, had some other interesting things I wanted to buy)
....tricky mkts in recent yrs and months....up and down like yo-yos...is USA up 8% since Brexit dip ...in just weeks !!

[smithie6] 13/7/2016 08:46

Well the insider that has been repeatedly selling for last few months will be happy with his decision.....(see my post 394 near end of June)

sad that the rest of us dont get the same insider info

imho anyway


(material news existed in April (making QROPS opening cost 0 to try to boost new clients) but it was not released to the market..while those working in the sector would have known....and the re-structuring (lay offs ??) would also have been known (altough listed companies dont normally reveal that info close to the time) ..till now in July)

[philw2009] 01/7/2016 18:16

Thank you very much for this.

[jimbobjames2002] 01/7/2016 17:42

I emailed the CEO Alan Kentish earlier and he said it's very much 'business as usual'. He also attached a pdf containing STM's Brexit Update. Here's a transcript:

BUSINESS AS USUAL FOR STM

The Brexit vote has resulted in volatility
within the financial markets and perhaps
some confusion as to the types of goods
and services which will be affected by
those businesses whose products are sold
internationally. Until such time as Article
50 is triggered and an exit is negotiated,
Gibraltar and the UK are still very much in
the EU and therefore there are currently no
changes to the laws by which Gibraltar and
UK companies are governed.
As a multi-jurisdictional fiduciary services
provider, STM Group plc provide a range of
products and services to clients inside and
outside the EU. STM products range from
Trust and Company solutions (available in
Gibraltar, Jersey, and Malta) to international
retirement solutions and life assurance
products. Our pensions business units
operate from Gibraltar and Malta and the
core of this business is the transfer of UK
private pensions to an STM HMRC recognised
scheme, commonly referred to as QROPS.
The QROPS concept was initially derived
from an EU directive allowing an individual to
move their pension from one EU jurisdiction
to another and is firmly embedded in UK
legislation. This legislation allows a UK
pension scheme to be transferred to any
other country, provided certain criteria can
be met. The HMRC list of recognised schemes
shows the majority to be outside the EU,
with schemes registered in 40 different
jurisdictions. Given that a QROPS is not
an “EU product” we do not anticipate any
significant legislative changes that could
prevent or make it more difficult for people
to transfer their pensions overseas and any
attempt to do so would be counter-intuitive,
given the pension freedoms that were passed
in April 2015.
STM is well placed to adapt and benefit from
what may lie ahead in terms of continued
access to markets in the EEA, particularly given
that we already have substantial operations
in Malta, affording STM Group companies a
great deal of flexibility.
We have a robust business and a wide suite of
products. It is very much business as usual and
we remain confident in our ability to continue
to serve our current and future customers
across all of our chosen markets.

[smithie6] 20/6/2016 09:45

big riser today...

but has the seller of the last few months finished selling ?

[firtashia] 17/6/2016 23:00

Yes, +ve article in the IC. The author expects a trading update in the next few weeks. He implies the current broker forecasts may be at the high end, but, in his words, even if those forecasts are not met, it is already factored into the current share price given how cheap the stock is. He suggests STM is currently priced as a stock that has gone ex growth, when this is clearly not the case.

[ragehammer] 15/6/2016 12:40

Tipped again by Simon Thompson in the IC, I believe.